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Jan 4, 2013
01/13
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CSPAN2
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thank you for the opportunity to testify regarding the recovery from superstorm sandy. in my role as deputy assistant secretary for grant programs at hud i am responsible for the community development block grant program, better known as cdbg. it is a fast recovery grant and home program. the cdbg disaster recovery pro gram is critical to helping communities recover from and rebuild after natural disasters like superstorm sandy. this morning i will discuss in this impact on housing and the work that hud has started, and will continue for long-term recovery in the region. additional details on these points and on secretary donovan's role as head of the presidents sandy recovery task force are provided in my written test my. hurricane sandy and then the ether -- the northeastern had impacts from virginia to rhode island. especially hard hit were in new york and new jersey, two of our nation's critical economic engines. one of the major aspects of storms like sandy is damage to homes and apartments, displacing homes and families. more than 150,000 housing units experienced
thank you for the opportunity to testify regarding the recovery from superstorm sandy. in my role as deputy assistant secretary for grant programs at hud i am responsible for the community development block grant program, better known as cdbg. it is a fast recovery grant and home program. the cdbg disaster recovery pro gram is critical to helping communities recover from and rebuild after natural disasters like superstorm sandy. this morning i will discuss in this impact on housing and the work...
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Jan 6, 2013
01/13
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KRON
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. >>> google trying to help out victims of superstorm sandy. why not everyone is happy to see them. >>> and the oregon teen who is in hot water with the law. after boasting about driving drunk. in a facebook post. >>> health officials say a norovirus outbreak at a senior home in the north bay ifdozens of residents and staffers and the redwoods senior residential care facility in mill valley have been sickened since christmas eve. two of the elderly residents have since died of complications brought on by the virus. activities and food services have been restricted. and it appears to be slowing the spread of the highly contageous virus. this outbreak follows a similar one at a san rafael retirement home that sickened 27 people in november >>> police have arrested a married couple they say are connected to the new year's eve shooting in sacramento that left two people dead and three others wounded. sacramento police say that amber scholz started the altercation that prompted the deadly shooting at a bar in old town sacramento monday night oficers
. >>> google trying to help out victims of superstorm sandy. why not everyone is happy to see them. >>> and the oregon teen who is in hot water with the law. after boasting about driving drunk. in a facebook post. >>> health officials say a norovirus outbreak at a senior home in the north bay ifdozens of residents and staffers and the redwoods senior residential care facility in mill valley have been sickened since christmas eve. two of the elderly residents have...
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Jan 18, 2013
01/13
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KNTV
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plus how superstorm sandy was behind this scary escalator mishap. >> yikes. looking at the decline or the incline depending on how you head across the san mateo bridge. clear here. we'll show you what has popped up on the reports for the south bay coming up. >>> new this morning, the white house announcing a cool honor announcing who will dance with president obama at the inaugural ball. a medical technician was deployed to afghanistan and currently serves in washington. she's going to have a blast on that. three other listed men and women will also attend the ball to dance with the first lady. all of them served in iraq or afghanistan. >>> the inauguration comes a new four-year lease on the white house for the obama family. the housing website zillow looking at how much the home would cost if it was listed on the market. the results, $295 million. that's up more than 7% since the obamas moved in back in 2009. a little upgrade. zillow cites great security. large front yard. large backyard. multiple bedrooms, bathrooms and a lot of key attributes. >>> opening
plus how superstorm sandy was behind this scary escalator mishap. >> yikes. looking at the decline or the incline depending on how you head across the san mateo bridge. clear here. we'll show you what has popped up on the reports for the south bay coming up. >>> new this morning, the white house announcing a cool honor announcing who will dance with president obama at the inaugural ball. a medical technician was deployed to afghanistan and currently serves in washington. she's...
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Jan 16, 2013
01/13
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KICU
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the debate over relief money for superstorm sandy on capitol hill. a disappointing announcement has some investors asking what's left to like about facebook. plus, a push for more transparency in corporate america. and, filmmakers shoot for a better business scene in china. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i'm angela miles. it's wednesday, january 16th. in today's first look: apple crunch: for a second session, apple weighed down the nasdaq in a dramatic fall. this week the tech stock has erased more than $17 billion from the u.s. stock market. well, here it is: facebook has a new way to search its site. "that" was the big announcement. a new report says a deal to take dell private could be revealed in a couple of weeks. the price could range between $13.50 and $14 per share. customer service agents at american airlines rejected a union's offer to represent them. the bid fell short by just 150 votes out of nearly 6,000 workers. andrew keene, president of k
the debate over relief money for superstorm sandy on capitol hill. a disappointing announcement has some investors asking what's left to like about facebook. plus, a push for more transparency in corporate america. and, filmmakers shoot for a better business scene in china. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. i'm angela miles. it's wednesday, january 16th. in today's first look: apple crunch: for a...
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Jan 4, 2013
01/13
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KQED
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first in the house, a bill to help victims of superstorm sandy. house speaker john boehner nixed the vote in the last hours of 2012, drawing a firestorm of criticism. it comes up in the house in two parts- the first tomorrow, and the other mid-january. >> the next act will begin a couple of months from now, probably in late february, early march, when we hit the debt ceiling and when the automatic spending cuts come into play again, and either have to be replaced with other spending cuts, or again, kicked down the road. >> reporter: these are the same issues that snarled congress in the summer of 2011, and again during the fiscal cliff debate. there's little hope for a better outcome this year. president obama has promised not to negotiate with the new congress on raising the debt ceiling, but republicans are ready to use it to force major federal spending reforms and tame the national debt. right now, the u.s. owes $16 trillion, but some calculate our total liabilities much higher. and as congress jumps from small deal to small deal as they have
first in the house, a bill to help victims of superstorm sandy. house speaker john boehner nixed the vote in the last hours of 2012, drawing a firestorm of criticism. it comes up in the house in two parts- the first tomorrow, and the other mid-january. >> the next act will begin a couple of months from now, probably in late february, early march, when we hit the debt ceiling and when the automatic spending cuts come into play again, and either have to be replaced with other spending cuts,...
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first in the house, a bill to help victims of superstorm sandy. house speaker john boehner nixed the vote in the last hours of 2012, drawing a firestorm of criticism. it comes up in the house in two parts- the first tomorrow, and the other mid-january. >> the next act will begin a couple of months from now probably in late february, early march, when we hit the debt ceiling and when the automatic spending cuts come into play again and either have to be replaced with other spending cuts, or again, kicked down the road. >> reporter: these are the same issues that snarled congress in the summer of 2011, and again during the fiscal cliff debate. there's little hope for a better outcome this year. president obama has promised not to negotiate with the new congress on raising the debt ceiling, but republicans are ready to use it to force major federal spending reforms and tame the national debt. right now, the u.s. owes $16 trillion, but some calculate our total liabilities much higher. and as congress jumps from small deal to small deal as they have be
first in the house, a bill to help victims of superstorm sandy. house speaker john boehner nixed the vote in the last hours of 2012, drawing a firestorm of criticism. it comes up in the house in two parts- the first tomorrow, and the other mid-january. >> the next act will begin a couple of months from now probably in late february, early march, when we hit the debt ceiling and when the automatic spending cuts come into play again and either have to be replaced with other spending cuts,...
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Jan 4, 2013
01/13
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CNNW
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that may be offset by superstorm sandy. construction jobs jumped by 30,000. another factor, businesses cut back on spending and hiring because of the uncertainty about what was going to happen with the 2012 tax roles and add to that the revisions for the december jobs report. this includes revisions that go back five years so this is really why there are so many reasons why you may just want to take this jobs report with a grain of salt, and also the december jobs report it also shows that the jobs market is barely keeping one population growth. did you know for the last two years, victor, the average number of jobs created per month is about 153,000? so this is really more of just a flat line, not really enough momentum. what you see is a jobs market that's treading water. victor? >> plus five, minus five for the first couple of minutes of the trading day, considering what we saw on wednesday and thursday, yeah, that looks like an eh response from wall street. alison kosik, thank you very much. >>> some people are being slapped with a huge bill all because o
that may be offset by superstorm sandy. construction jobs jumped by 30,000. another factor, businesses cut back on spending and hiring because of the uncertainty about what was going to happen with the 2012 tax roles and add to that the revisions for the december jobs report. this includes revisions that go back five years so this is really why there are so many reasons why you may just want to take this jobs report with a grain of salt, and also the december jobs report it also shows that the...
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Jan 6, 2013
01/13
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FOXNEWSW
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she was part of an animal rescue team sent to save animals after superstorm sandy. after seven weeks of rehab, lassie was ready to go home with her brand new family. all dressed out decked out i should say in a pink outfit there. that is all for me here in washington. "fox news sunday" is coming up next. john roberts s filling in for chris wallace today and talks with newly sworn in senator ted cruz. you don't want to miss the heated escaped change. could be a preview of debaits to come in the new congress. clashing over everything from spending to gun control. i'm doug mcelway in for shannon bream. captioned by closed captioning services, inc. >> i'm john roberts in for chris wallace. if you think the fight over the fiscal cliff was tough, stay tuned for a bruising round two. from automatic spending cuts to raising the debt ceiling to paying for uncle sam to stay open, the battle lines are drawn. how will that fight play out? we'll ask two key congress american. democrat chris van hollen and republican jim jordan. >> a new republican voice challenges the grand old
she was part of an animal rescue team sent to save animals after superstorm sandy. after seven weeks of rehab, lassie was ready to go home with her brand new family. all dressed out decked out i should say in a pink outfit there. that is all for me here in washington. "fox news sunday" is coming up next. john roberts s filling in for chris wallace today and talks with newly sworn in senator ted cruz. you don't want to miss the heated escaped change. could be a preview of debaits to...
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Jan 4, 2013
01/13
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WUSA
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the new congress votes on superstorm sandy relief one day after being sworn in. we'll show you how vice president joe biden surprised some new members and their families, and the world is inlove with the crawley family. we'll go live to downton abbey. but first here's your "eye opener" at 8:00. >> reporter: hit the reset button, get a fresh start and put all the past feelings behind. >> the 113th congress was sworn in. today they'll take a vote to approve $9 billion in aid for superstorm sandy victims. >> there's some more big fiscal battles with congress just around the corner. >> excuse me for not being overly optimistic this morning, but i mean all the people up on capitol hill talking about how they're all going to come together. well, you know they're not. >>> the labor department is about to release the final jobs report of 2012. >> this will really be a closer on the year, but it will also be a look forward to what we can expect in 2013. >> i know the north koreans. the objective of the trip is a private humanitarian visit. we're not representing the u.s.
the new congress votes on superstorm sandy relief one day after being sworn in. we'll show you how vice president joe biden surprised some new members and their families, and the world is inlove with the crawley family. we'll go live to downton abbey. but first here's your "eye opener" at 8:00. >> reporter: hit the reset button, get a fresh start and put all the past feelings behind. >> the 113th congress was sworn in. today they'll take a vote to approve $9 billion in aid...
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Jan 5, 2013
01/13
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CNNW
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now put the fiscal cliff behind us and let's talk about the controversy over superstorm sandy relief. the speaker didn't bring up the bill for a vote after the cliff vote and that set off democrats and republicans. here's what new york congressman peter king told me earlier this week. >> i was chasing the speaker all over the house floor last night trying to talk to him and his staff and he kept telling me when the fiscal cliff vote is over everything will be taken care of and then he was gone. he refused to meet with us. he actually yelled i'm not meeting with you people. he wouldn't tell us why. he just decided to sneak off in the dark of night. >> here is how new jersey congressman bill pascrell described it during yesterday's debate. >> it took only ten days after katrina until president bush signed $60 billion in katrina aid passed by the congress of the united states. how dare you come to this floor and make people think everything is okay? in fact, one of the gentlemen from new jersey said, we have not waited at all. well, the insurance runs out in one week. what are we going t
now put the fiscal cliff behind us and let's talk about the controversy over superstorm sandy relief. the speaker didn't bring up the bill for a vote after the cliff vote and that set off democrats and republicans. here's what new york congressman peter king told me earlier this week. >> i was chasing the speaker all over the house floor last night trying to talk to him and his staff and he kept telling me when the fiscal cliff vote is over everything will be taken care of and then he was...
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Jan 4, 2013
01/13
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KICU
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sandy, the most destructive storm of 2012. today, however, the new congress is expected to vote on $9 million for immediate aid, with the $51-million balance scheduled for a vote january 15th. consumers' fears of falling off the fiscal cliff along with deep discounts are expected to hurt 4th quarter profits for several major retailers. jc penney, target and khol's all warned 4th quarter earnings may come in below expectations because of larger-than-expected markdowns. meanwhile, for the month of december, major retail chains collectively posted a 4.5% increase in sales for the month, which was higher than analysts' expectations of 3.3%. costco was the top performer, wtih a 9% bump in sales. nordstrom reported an 8.6% rise, while ross stores and tj max sales were up 6%. automakers were in high gear last year with over 14 million in sales. 2013 was the strongest year since before the recession, with the big three automakers all gaining ground in december. chrysler topped the list with a 10% rise in sales, while gm's grew nearly
sandy, the most destructive storm of 2012. today, however, the new congress is expected to vote on $9 million for immediate aid, with the $51-million balance scheduled for a vote january 15th. consumers' fears of falling off the fiscal cliff along with deep discounts are expected to hurt 4th quarter profits for several major retailers. jc penney, target and khol's all warned 4th quarter earnings may come in below expectations because of larger-than-expected markdowns. meanwhile, for the month...
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Jan 2, 2013
01/13
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CSPAN
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i'll never another get one resident who came up to me the day after hurricane sandy, or superstorm sandy and said i have lost everything, but at least i'm alive. we need to now backstop these individuals. we need to make sure these moneys are there, they flow quickly, be sure they can rebuild and the homes, businesses, and municipalities that have done yeoman's work gather and unite behind them. problems assisted those with hurricane katrina in 2005 in a mere two weeks. we are now past two months. we need to be clear, the president didn't send this up until december 7. there was a loss of several weeks. we do have a bill. it's about 25% less than what the states have said they needed. they said about $80 billion. it's down approximately $60 billion. it is less. le i have seen and run through the numbers our state has sent to this body as well as to the president. they are very well vetted. chris christi used to be a u.s. attorney. many of people are all former prosecutors. they hate waste, fraud, and abuse. and they are trying to ensure that the money is there in the amounts needed to ma
i'll never another get one resident who came up to me the day after hurricane sandy, or superstorm sandy and said i have lost everything, but at least i'm alive. we need to now backstop these individuals. we need to make sure these moneys are there, they flow quickly, be sure they can rebuild and the homes, businesses, and municipalities that have done yeoman's work gather and unite behind them. problems assisted those with hurricane katrina in 2005 in a mere two weeks. we are now past two...
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Jan 5, 2013
01/13
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CNNW
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sandy is concerned? >> liberty mutual, private insurers, with claims all over the atlantic region has decided to set up a program to accelerate the processes of insurance claims rising out of sandy. anybody insured with liberty first tries to resolve the claim in the normal course with liberty. if that does not work, liberty has asked me to set up an independent mediation program designed to place the insured and the insurer together with a neutral third party to try to resolve the claim quickly within a matter of four to six weeks, without resort to litigation. >> so you will be medicimediati liberty and individuals who are not satisfied with the money that they would have gotten after they paid all the premiums over the years? >> that is right, all the claims, automobile insurance claims, all of those claims first go to liberty. now in katrina, liberty resolved like 95% of those claims. but if you're not getting satisfaction, then this program will accelerate the processing in an effort to get it resol
sandy is concerned? >> liberty mutual, private insurers, with claims all over the atlantic region has decided to set up a program to accelerate the processes of insurance claims rising out of sandy. anybody insured with liberty first tries to resolve the claim in the normal course with liberty. if that does not work, liberty has asked me to set up an independent mediation program designed to place the insured and the insurer together with a neutral third party to try to resolve the claim...
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Jan 22, 2013
01/13
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KICU
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the senate is expected to approve aid for states devastated by superstorm sandy. senators will vote on a $50 billion dollar bill today. last week, congress said yes to the funding... but not without no votes. the majority of republican house members voted against the bill.. calling it too expensive and saying it should come with spending cuts. january 4th, congress agreed to $9.7 billion package to assist with flood insurance claims from the storm. japan airlines is canceling more flights this week due to technical problems aboard boeing's 787 dreamliner. last week jal cancelled round trip flights.. and will continue those cancellations through january 25th. airlines in japan are among the first to fly the dreamliner. the e-u and f-a-a already grounded all 787s last week after batteries caught fire. reports say solving the battery problems will be "very expensive." u.s. transportation authorities are not sure when any of the aircraft will fly again. traders have their eyes on shares of osi systems-- now that tsa agents will no longer peek at nude images of travele
the senate is expected to approve aid for states devastated by superstorm sandy. senators will vote on a $50 billion dollar bill today. last week, congress said yes to the funding... but not without no votes. the majority of republican house members voted against the bill.. calling it too expensive and saying it should come with spending cuts. january 4th, congress agreed to $9.7 billion package to assist with flood insurance claims from the storm. japan airlines is canceling more flights this...
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Jan 3, 2013
01/13
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KNTV
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a vote on friday to provide billions to victims of superstorm sandy. >> the bottom line is between friday morning and january 15th those two votes will bring in $60 billion that is absolutely necessary to new york, new jersey and connecticut. >> reporter: also tops on their agenda, raising the debt cerealing so america can borrow more to pay its bills. >> the president is addicted to spending. he wants to spend. he wants a new credit card after he's maxed out the last one. >> the president thinks he's not going to negotiate, he better think again. he's president of the united states. he's not emperor of the planet. >> it may take a default, another downgrade, the serious economic consequences that flow from it to jolt us back to some kind of reality. >> reporter: a new congress with old issues still undecided. a short deadline we're expected to hit the debt ceiling in just a few weeks. tracie potts, nbc news, washington. >>> the much anticipated december sales report coming out this morning and the question remains will wall street continue to climb? for that and the rest of gluyou news b
a vote on friday to provide billions to victims of superstorm sandy. >> the bottom line is between friday morning and january 15th those two votes will bring in $60 billion that is absolutely necessary to new york, new jersey and connecticut. >> reporter: also tops on their agenda, raising the debt cerealing so america can borrow more to pay its bills. >> the president is addicted to spending. he wants to spend. he wants a new credit card after he's maxed out the last one....
WHUT (Howard University Television)
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Jan 4, 2013
01/13
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WHUT
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the tremendous wrath he invoked on both party sides when he did not pass the superstorm sandy relief bill right away. there will be a vote today and a vote in a week or so. talk about john boehner's control over his party, where he represents, who are the powers pushing him. >> john boehner has authority because he is weak, not because he is strong. that is the important thing to understand. he was allowed to remain as speaker of an exceptionally divided and contentious republican caucus because they all believed they can push him around. that is very important to understand. he did not come into the speakership in this term with any sort of mandate. quite the opposite. his own caucus has deep divisions between a northeastern block, which is concerned not just about sandy but, as peter king just mentioned this morning, things such as the assault weapons ban. republicans want to work with the obama administration on a number of issues. on the other side you have the y faction, which is much larger. gridlock and actual chaos, they believe is their best route to stay in power. what john
the tremendous wrath he invoked on both party sides when he did not pass the superstorm sandy relief bill right away. there will be a vote today and a vote in a week or so. talk about john boehner's control over his party, where he represents, who are the powers pushing him. >> john boehner has authority because he is weak, not because he is strong. that is the important thing to understand. he was allowed to remain as speaker of an exceptionally divided and contentious republican caucus...
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Jan 22, 2013
01/13
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WETA
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insurance company travelers paid out $669 million in claims from superstorm sandy, but that didn't hurt profits as much as analysts feared. travelers earned 72 cents per share last quarter, only about half what it earned a year earlier but more than five times estimates. shares responded nicely to the surprise, rallying 2.1%, pushing shares to a new high. two items to focus on with the two big phone companies. first, a.t.&t. is expanding its wireless business. the company is buying the retail operations, subscribers, and, most importantly, the wireless licenses ofc tltiantele- network.ti the price was $780 million. a.t.&t. shares gained 0.5% while atlantic tele-network jumped 12.3%. the wireless carriers have been looking for spectrum to expand eir services. verizon, meantime, reported quarterly results a nickel less than expected. like other carriers, while it sold a record number of smart- phones over the holidays, many of them came with heavy subsidies hurting short term profits. the stock gained 0.9%. it hit a two-month low last week. tomorrow night, we will hear from apple about it
insurance company travelers paid out $669 million in claims from superstorm sandy, but that didn't hurt profits as much as analysts feared. travelers earned 72 cents per share last quarter, only about half what it earned a year earlier but more than five times estimates. shares responded nicely to the surprise, rallying 2.1%, pushing shares to a new high. two items to focus on with the two big phone companies. first, a.t.&t. is expanding its wireless business. the company is buying the...
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sandy, a delay that angered the congressional dell gagzs of new jersey, and new york and one or two governors at the same time, boehner has beens target of scathing democratic and republican criticism, for what is now revealed to be a pork-laden piece of legislation that would have allowed some politicians to exploit victims of hurricane sandy for the purpose of this pork. leaving boehner deserted by two-thirds of his caucus just tuesday, as they voted against him. of the 112 congress, and today. he won a second term as speaker, and boehner, cried tears of joy. >> we're sent here not to be something, but to to something. or as i like to call it doing the right thing. it is a big job, and it comes with big challenges. >> one of the loudest voices in yesterday's republican rebellion was new york congressman peter king, who blasted boehner for not holding a vote on sandy relief, accusing the speaker of taking out this function within the leadership ranks on the state of new york, and telling voters to stop donating money to his party, he today reversed himself. >> john is a voice of re
sandy, a delay that angered the congressional dell gagzs of new jersey, and new york and one or two governors at the same time, boehner has beens target of scathing democratic and republican criticism, for what is now revealed to be a pork-laden piece of legislation that would have allowed some politicians to exploit victims of hurricane sandy for the purpose of this pork. leaving boehner deserted by two-thirds of his caucus just tuesday, as they voted against him. of the 112 congress, and...
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Jan 3, 2013
01/13
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KNTV
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eye 138
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sandy. >> the bottom line is that between friday morning and january 15th, we'll bring in $60 billion that's absolutely necessary for new jersey and connecticut. >> reporter: also tops on their agenda, raising the debt ceiling so america can borrow more to pay its bills. republicans will insist on cutting spending first. >> the president is addicted to spending. he wants to spend. he wants a new credit card after he's maxed out the last one. >> if the president thinks he's not going to negotiate, he better think again. he's president of the united states, not emperor of the president. >> reporter: the last time there was a fight over the debt ceiling, the u.s. saw its first-ever downgrade. >> it may take another downgrade. the serious economic consequences that flow from it to jolt us back to some kind of reality. >> reporter: a new congress with old issues still undecided. and they've got a short deadline. we may hit the debt ceiling again in just a few weeks. tracie potts, nbc news, washington. >> the fun never ends. >>> just minutes ago, the federal trade commission announcing a se
sandy. >> the bottom line is that between friday morning and january 15th, we'll bring in $60 billion that's absolutely necessary for new jersey and connecticut. >> reporter: also tops on their agenda, raising the debt ceiling so america can borrow more to pay its bills. republicans will insist on cutting spending first. >> the president is addicted to spending. he wants to spend. he wants a new credit card after he's maxed out the last one. >> if the president thinks...
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Jan 2, 2013
01/13
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CNNW
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we're going to start with superstorm sandy. at anytime now, any minute, new jersey governor chris christie set to hold a news conference on the fight over aid to victims of superstorm sandy. these victims may have to wait for months for help, because your congress just cannot get it together. unless, unless a meeting this hour provides a last minute fix, house lawmakers will leave town would the passing an aid package to help sandy survivors rebuild their homes and their lives. lawmakers from areas affected by sandy are furious that the senate-passed bill may die. republican congressman peter king says it is all speaker boehner's fault. >> speaker boehner is the one. he walked off the floor. he refused to toll us why. refused to give us any indication or warning whatsoever. i'm saying anyone from new york and new jersey who contributes one penny to the republican congressional campaign committee should have their head examined. i would not give one penny to these people based on what they did to us last night. i would say -- i'
we're going to start with superstorm sandy. at anytime now, any minute, new jersey governor chris christie set to hold a news conference on the fight over aid to victims of superstorm sandy. these victims may have to wait for months for help, because your congress just cannot get it together. unless, unless a meeting this hour provides a last minute fix, house lawmakers will leave town would the passing an aid package to help sandy survivors rebuild their homes and their lives. lawmakers from...
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Jan 22, 2013
01/13
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CNBC
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the numbers were impacted by yoi phone subsidies as well as superstorm sandy. on the "squawk" news linee have james radcliffe of barclays. >> good morning. >> what do you think of these numbers, the bigger problem the iphone subsidiesubsidies, or th surprise zane? i would expect that analysts would have thought there would be something coming from sandy. >> yeah, we had something from sandy in the numbers. the overall numbers ended up being pretty much where we expected them to be. wireless margins were a little bit lighter than expected. but they added more smart phones than we forecast. you trade those off and they came in roughly in line. when you include the impact of sandy, they were pretty much in line with expectations. >> this is a situation where it's more iphones than you expected is that good news or bad news? >> in the longer-term, higher smart phone rates are good news because they drive higher roi customers tend to be stickier. there's higher up front costs associated with them. looks like mainly in the quarter the number of customers switching to
the numbers were impacted by yoi phone subsidies as well as superstorm sandy. on the "squawk" news linee have james radcliffe of barclays. >> good morning. >> what do you think of these numbers, the bigger problem the iphone subsidiesubsidies, or th surprise zane? i would expect that analysts would have thought there would be something coming from sandy. >> yeah, we had something from sandy in the numbers. the overall numbers ended up being pretty much where we...
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Jan 15, 2013
01/13
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CNBC
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eye 274
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thank you. >>> lawmakers are looking at superstorm sandy relief today. pet peter, this has been a raging argument, particularly in this part of the country where there are so many people who have been affected by this. people say this bill is loaded with pork. but is this any different than how things have been done in the past? >> we're hoping it will be a break from the past. this is the first fiscal policy test of the new congress. they've got three parts to the test. one, can they spend less than $60 billion monstrosity the senate tried to ram through last year? two, will they offset whatever they do spend with cuts else where the in the budget? and three, can they avoid tax increases as offsets, things like taking away commonly used deductions and credits from one industry or ott like big oil, as they call out the it. >> peter, i did look through some of the stuff marked up in the senate. you can see where aides wrote in and said this is not going to go just for places that were affected in the northeast, but we want some help down here in mississip
thank you. >>> lawmakers are looking at superstorm sandy relief today. pet peter, this has been a raging argument, particularly in this part of the country where there are so many people who have been affected by this. people say this bill is loaded with pork. but is this any different than how things have been done in the past? >> we're hoping it will be a break from the past. this is the first fiscal policy test of the new congress. they've got three parts to the test. one, can...
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Jan 8, 2013
01/13
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superstorm sandy and the fiscal cliff are expected to top the list. check in ennings season after the closing bell today. and there may not be a lot of love to go around in waudz this valentine's day if lawmakers fail to get together on debt talks. the debt ceiling could be hit by mid february, or at least the point in which the u.s. can no longer pay its bills. our own chief washington correspondent john harwood has full analysis over at cnbc.com. so a couple of stories that you won't want to miss over there. and if you're just joining us today, here are your headlines. ross? >> yep. the -- thanks for that. eurozone unemployment rate hitting a fresh record high of 11.8% in november. as more than 11 00,000 people lost their jobs. they jump into the youth jobless rate, which soared to 24.4%, up from 24.2% in october, the highest level on record. take a look at euro/dollar. it's a bit of a dip when we got that news out. but they're suggesting that there may be a lull in effectively the market's view of the eurozone crisis. but it hasn't done anything to
superstorm sandy and the fiscal cliff are expected to top the list. check in ennings season after the closing bell today. and there may not be a lot of love to go around in waudz this valentine's day if lawmakers fail to get together on debt talks. the debt ceiling could be hit by mid february, or at least the point in which the u.s. can no longer pay its bills. our own chief washington correspondent john harwood has full analysis over at cnbc.com. so a couple of stories that you won't want to...
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Jan 8, 2013
01/13
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the station saw extensive from superstorm sandy in october and they believe the malfunction may have been an electrical fault that lingered after the storm. now, to what would make the most epic craigslist ad ever. nasa is selling on leasing out facilities used by its space program. >> america is not going to stop exploring. >> the last shuttle flight was in july 2011 when atlantis made its final touchdown. maintenance costs are just too high, among them, launch pad 39 a where the shuttles took off. space in the vehicle assembly building. the 526 tall structure used to assemble saturn five apollo rockets and huge garages where the shuttles were maintained. a landing strip and hangar and various other buildings and chunks of undeveloped property. >>> on the subject of space travel, future astronauts to mars could have a lot of trouble sleep. you may recall the six men in the simulated round trip to mars. they are were in a pretend spaceship. new research found that the men either slept too much, had erratic sleeping habits, became lethargic and had problems with tasks. they spent near
the station saw extensive from superstorm sandy in october and they believe the malfunction may have been an electrical fault that lingered after the storm. now, to what would make the most epic craigslist ad ever. nasa is selling on leasing out facilities used by its space program. >> america is not going to stop exploring. >> the last shuttle flight was in july 2011 when atlantis made its final touchdown. maintenance costs are just too high, among them, launch pad 39 a where the...
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Jan 11, 2013
01/13
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almost three months after superstorm sandy. poppy harlow found some of them in the town of seabright and they're fed up with waiting for help. >> reporter: hi there, wolf, well, this is seabright, new jersey, known as a small picturesque coastal town. but sandy completely wiped out 100% of the businesses here and 75% of the homes were either destroyed or severely damaged. >> devastated us to be honest with you. we don't live here anymore, we don't operate a business anymore. >> reporter: both his business and his home destroyed. that's what superstorm sandy took from scott kelly and many folks here in sea bright. >> this is the area where most of the damage came through, the water was probably about 3 feet inside the house. >> reporter: ocean avenue still shuttered months after the storm. this is how vulnerability sea bright is sandwiched between ocean and river. >> this is my street. >> reporter: and this is the woman fighting to rebuild. dina long, don't let the pink sneakers fool you, sea bright's mayor is as tough as they c
almost three months after superstorm sandy. poppy harlow found some of them in the town of seabright and they're fed up with waiting for help. >> reporter: hi there, wolf, well, this is seabright, new jersey, known as a small picturesque coastal town. but sandy completely wiped out 100% of the businesses here and 75% of the homes were either destroyed or severely damaged. >> devastated us to be honest with you. we don't live here anymore, we don't operate a business anymore....
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Jan 7, 2013
01/13
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he said it was nothing compared to superstorm sandy. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. >>> 14 -- oh, just about 15 minutes past the hour. he's trying to urge fellow senators to pass aid for victims of superstorm sandy and in hot water after saying this. >> we are now past two months with people of new york and the people of new orleans and that area, they were hurt but nothing in comparison to what's happened to the people in new england. >> oh. those comments came as part of a broader statement where reid said congress approved aid for katrina victims in ten days but taken more than two months for those hit by sandy
he said it was nothing compared to superstorm sandy. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our...
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Jan 22, 2013
01/13
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they lost more than a billion dollars in quarter four and they blame the damage from superstorm sandy and that he had record number of subscribers during that quarter. the ceo forces any manager out who challenges his power. it is written by former senior vice-president who adds to get back to high tech and microsoft needs to feebled a new leader. >>> here is more ever since he became the first artist and now his business is seeing a big spike in business. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! today's kids got it so good. [ male announcer ] get u-verse tv with a total home dvr included free for life. only $29 a month for six months. rethink possible. only $29 a month for six months. . >>> welcome back, police have arrested three suspects on petaluma. the witness provided information to the police about the suspects and their car. they a
they lost more than a billion dollars in quarter four and they blame the damage from superstorm sandy and that he had record number of subscribers during that quarter. the ceo forces any manager out who challenges his power. it is written by former senior vice-president who adds to get back to high tech and microsoft needs to feebled a new leader. >>> here is more ever since he became the first artist and now his business is seeing a big spike in business. well, well, well. growing up,...
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Jan 4, 2013
01/13
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sandy. >>> house is now scheduled to vote on a $60 billion aid package for the sandy victims on january 15th. later today, lawmakers will vet on a $10 billion bill to extend national flood insurance for people hit hardest in the northeast. also this morning, we'll get the monthly jobless numbers. >>> coming up next, we've got the answer to the first redskins trivia question. see how your knowledge of the team stacks up. >> remember, we want to see your team spirit as well. if you have a picture or some video you would like to share, just accepted it to redskins at wttg.com. let's talk to tucker barnes quickly. >> we've got some cold temperatures, 20s and low 30s to start your day. a nice-looking day but another cool one in store for our friday. julie is in with our traffic too. we'll do it coming up in just a minute. there is no mass-produced human. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dual-air technology that allows you to adjust to the support your body needs. each of your
sandy. >>> house is now scheduled to vote on a $60 billion aid package for the sandy victims on january 15th. later today, lawmakers will vet on a $10 billion bill to extend national flood insurance for people hit hardest in the northeast. also this morning, we'll get the monthly jobless numbers. >>> coming up next, we've got the answer to the first redskins trivia question. see how your knowledge of the team stacks up. >> remember, we want to see your team spirit as...
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Jan 22, 2013
01/13
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CNBC
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we'll talk doughnuts, chips and blackberries, plus superstorm, super miss, can verizon blame sandy for its no good very bad quarter? ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> it is street talk sign. we have here greenberg here. let's get to some stocks. first of all insurer travelers which is moving higher today. this morning it was the s&p 500's biggest percentage gainer today. it crashed street estimates, that's important here. it saw a quarterly rise in premiums and renewals. and we have research in motion continuing it's comeback. i would like to show you an interesting 112-month chart. it is a perfect u-shaped recovery. back to where it was about 12 months ago. the ceo says the ongoing review could lead to the sale of its ha handset business or the licensing of its smartphones. >> this is what i've said in the past, buy on the introduction of the rollout blackberry 10 and sell on the news. >> this is all the expectation built in. >> built in, and then will they stem th
we'll talk doughnuts, chips and blackberries, plus superstorm, super miss, can verizon blame sandy for its no good very bad quarter? ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watching. introducing the 2013 lexus ls. an entirely new pursuit. >>> it is street talk sign. we have here greenberg here. let's get to some stocks. first of all insurer travelers which is moving higher today. this morning it was the s&p 500's biggest percentage...
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Jan 22, 2013
01/13
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you would call that a beat, wouldn't you, despite some losses from superstorm sandy. shares fresh 52-week high. up more than $2 at 78.49. do we like travelers at this price? >> we do. if you like this price, you could potentially sell some puts, that allows you to collected premium and come in lower. the ceo has done a great job. you look at this low interest rate environment, he's honing the prices. that's why they'll do better in the future. >> on to verizon, fourth quarter loss, missed expectations, seeing strong subscriber growth, but impact from super storm sandy and pension costs hurting that phone carrier. herb greenberg was on the earnings call this morning and pointed out that as we get more and more platforms in the mix there will be competition, subsidy reduction as there was in the basic phone history in the ecosystem. that sounds not so hot there, jeff. what do you think of verizon. >> verizon has spent a lot of their network, the fios network. so verizon, short-term you will havae agn opportunity to buy ha here. verizon are moving forward. they're divers
you would call that a beat, wouldn't you, despite some losses from superstorm sandy. shares fresh 52-week high. up more than $2 at 78.49. do we like travelers at this price? >> we do. if you like this price, you could potentially sell some puts, that allows you to collected premium and come in lower. the ceo has done a great job. you look at this low interest rate environment, he's honing the prices. that's why they'll do better in the future. >> on to verizon, fourth quarter loss,...
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Jan 3, 2013
01/13
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tonight lawmakers who told tons of millions of people facing damage from superstorm sandy we stand with you and we got your back. two months later massive bills are due and congress has failed to act. though some big name legislators are scrambling to make up for it a lot of badly hurting people are absolutely furious with what today in washington. people who live or once lived in places like this seaside heights, new jersey where entire beach front community were washed away or people who had to bike to walk network or stranded at home after the nation's subway system flooded, people out on long island where hold chunks of the power grid were blown away. a lot of homes as well blown away. hospital patients who were stranded at three major new york city hospitals when they were shut down. one of those hospitals is still almost completely out of commission. a lot of people hurting. and a very big, big price tag making things worse. storm damage could hit $80 billion nationwide and parts of the bill are coming due anyay now. fema's flood insurance program. almost out of money. and faced w
tonight lawmakers who told tons of millions of people facing damage from superstorm sandy we stand with you and we got your back. two months later massive bills are due and congress has failed to act. though some big name legislators are scrambling to make up for it a lot of badly hurting people are absolutely furious with what today in washington. people who live or once lived in places like this seaside heights, new jersey where entire beach front community were washed away or people who had...
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Jan 3, 2013
01/13
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sandy, but man, was he mad. the speaker heard at least from him and a lot of other people and changed the tune of congress. we wanted to get peter king's reaction, actually, now that john boehner has relented and the new congress is going to move forward on this relief. take a listen to congressman's king's response and some other thorny issues i asked about last night. suggested that anybody who game money to the republican congressional campaign committee would be, i think in your words, nuts. do you still feel that way? >> well, sometimes you have to use shock treatment to get results. that's part of what i was doing. >> do you still feel that way? >> listen, if this goes forward the way it is, as far as i'm concerned, what's done is done, over and gone forever. now we go forward. >>> in the same vein, i want to talk about your colleague hal rogers, who some say we are insensitive comments, that fema's not money to bridge the gap, what's the crisis? but you suggested that hal rogers better not come to new yor
sandy, but man, was he mad. the speaker heard at least from him and a lot of other people and changed the tune of congress. we wanted to get peter king's reaction, actually, now that john boehner has relented and the new congress is going to move forward on this relief. take a listen to congressman's king's response and some other thorny issues i asked about last night. suggested that anybody who game money to the republican congressional campaign committee would be, i think in your words,...
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Jan 28, 2013
01/13
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they blamed superstorm sandy. all of these are obviously real factors. a tough economy. however some of the insiders are saying on the blogs and such. maybe they need to look inside their company because the numbers were not where the analysts had hoped. the stock is down 16 1/2%. back to you. ashley: yeah. tracy: blame sandy. honestly, for years to come. nicole, thank you very much. >> certainly nothing to do with their fashion designer. ashley: buy one sport coat, get seven free. one of those deals. apparently not working. >> how long can the bulls run on wall street? we'll talk with a big money manager had sees selling ahead. ashley: first let's look to see how the good ol' u.s. dollar is moving against some of these foreign exchanges. with the euro down, the pound down, they're all down against the dollar except the japanese yen which is showing a little backbone but not much. we'll be right back. officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals
they blamed superstorm sandy. all of these are obviously real factors. a tough economy. however some of the insiders are saying on the blogs and such. maybe they need to look inside their company because the numbers were not where the analysts had hoped. the stock is down 16 1/2%. back to you. ashley: yeah. tracy: blame sandy. honestly, for years to come. nicole, thank you very much. >> certainly nothing to do with their fashion designer. ashley: buy one sport coat, get seven free. one of...
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Jan 5, 2013
01/13
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let me begin quickly with a vignette that may be a harbinger of things to come as superstorm sandy, you know a lot about it, was beginning to gather steam in the caribbean five days before slammed into new jersey and new york u.s. forecasters were predicting a monster storm but were uncertain of its path. by most indications of this unusually powerful and complex storm would graze the coast but move back into the north atlantic. however there were steady reports of the european model predicting a sharp left turn into the coast of new jersey and new york with potentially devastating consequences. the u.s. and european models emerged but the europeans got it right first, giving a little more time for those in sandy's have to prepare, no doubt saving lives. the difference in the early predictions were the inputs and capacity of computers doing the modeling. it is intimated by what happened in the sandy forecast newly available information, how it is accessed, will become ever more vital as a force to shake and change our world. big data driven innovation will be a driver for changes in sci
let me begin quickly with a vignette that may be a harbinger of things to come as superstorm sandy, you know a lot about it, was beginning to gather steam in the caribbean five days before slammed into new jersey and new york u.s. forecasters were predicting a monster storm but were uncertain of its path. by most indications of this unusually powerful and complex storm would graze the coast but move back into the north atlantic. however there were steady reports of the european model predicting...
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Jan 3, 2013
01/13
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sandy got help as quickly as possible. why are some blaming the republicans in the house, waiting weeks for a check from fema? we'll have a fair and balanced debate. many americans are headed to the theaters this week to see two different films based on the lives of two presidents. the leadership lessons on the stories of lincoln and fdr and whether our current leaders could take a lesson from them. a new controversy in the classroom after a school introduces yoga as part of its curriculum. and why one parent says doing the downward dog in the schoolhouse violates the constitution. >> fox news alert. as expected john boehner has been reelected as speaker of the house. he will be speaker of the house for the 113th congress, not unexpected and we are trying to get the total votes in terms of the defections, 223 votes and nancy pelosi 192. and now, we expect speaker boehner to give short remarks and then, let's see what will happen after that. and then dean of the house longest serving in history john dingell will administer
sandy got help as quickly as possible. why are some blaming the republicans in the house, waiting weeks for a check from fema? we'll have a fair and balanced debate. many americans are headed to the theaters this week to see two different films based on the lives of two presidents. the leadership lessons on the stories of lincoln and fdr and whether our current leaders could take a lesson from them. a new controversy in the classroom after a school introduces yoga as part of its curriculum. and...
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Jan 3, 2013
01/13
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. >>> in the meantime, the house plans to vote tomorrow on aid for superstorm sandy. house speaker john boehner agreed to the vote following pressure from fellow republicans who were angry that he had scrapped a vote earlier this week. friday's vote covers $9 billion for the national flood insurance program. another vote on january 15th will cover the remaining $51 billion in that package. >>> here's a big story. interesting here. the arab centric network al jazeera will buy current tv. >> controversial among a lot of americans. it has respect from journalists. >> it does. the hard feelings go back to the iraq war. al jazeera covering it from a different perspective showing images of american bodies so english language network seen here has had hard time finding a spot on american digital channels. they are covering problems in central america. they are a worldwide audience. as you point out, it earned some respect in the ways that it does cover worldwide issues. sometimes in a rather dry fashion like bbc or pbs more than cnn. current television will go away eventuall
. >>> in the meantime, the house plans to vote tomorrow on aid for superstorm sandy. house speaker john boehner agreed to the vote following pressure from fellow republicans who were angry that he had scrapped a vote earlier this week. friday's vote covers $9 billion for the national flood insurance program. another vote on january 15th will cover the remaining $51 billion in that package. >>> here's a big story. interesting here. the arab centric network al jazeera will buy...
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Jan 22, 2013
01/13
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CNBC
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verizon said the results were impacted by superstorm sandy. we're just getting details now, david, on activations on things like the iphone, 6.2 million, not too shabby. >> the problem was not necessarily activations, carl. the key is simply that margins came in even worse than had been anticipated. this, after the company already guided them down a bit at the consumer electronics show a couple of weeks back. and there, of course, you're talking about operating koose i higher than anticipated. investors may be a little concerned today when you take a look at that chart there. now, listen, to carl's point, they're adding a lot of customers. they're activating a lot of devices. we talk often about the subsidy for the apple iphone, but don't forget there is also a subsidy for the samsung galaxy. when you've only got two devices to choose from, not enough competition for these carriers to say, no, we're not going to pay that much. that certainly would seem to be something here that investors are going to continue to pay attention to. the margins a
verizon said the results were impacted by superstorm sandy. we're just getting details now, david, on activations on things like the iphone, 6.2 million, not too shabby. >> the problem was not necessarily activations, carl. the key is simply that margins came in even worse than had been anticipated. this, after the company already guided them down a bit at the consumer electronics show a couple of weeks back. and there, of course, you're talking about operating koose i higher than...
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Jan 4, 2013
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first they have to deal with getting money to those victims of superstorm sandy. national flood insurance running out next week. congress needs to act so today they are expected to approve $9 billion for that to keep those checks flowing. a bigger package they'll look at later in the month. they'll also recount the electoral votes from november's election just as a formality. as you alluded to, the big fight is coming up over the debt ceiling. we're reaching our limit for borrowing again. likely sometime in february around the same time that those budget cuts and defense cuts that were put off kick in yet again. you're right. probably another fiscal cliff. another contentious one because this time republicans are hinting they don't want to talk about allowing america to borrow more until there is serious discussion about how much less we're going to spend. spending cuts are a big mantra here on capitol hill. president obama says he's all for them. republicans say it's not enough and here we go again. >> the arm wrestling continues. tracie potts, we know you'll con
first they have to deal with getting money to those victims of superstorm sandy. national flood insurance running out next week. congress needs to act so today they are expected to approve $9 billion for that to keep those checks flowing. a bigger package they'll look at later in the month. they'll also recount the electoral votes from november's election just as a formality. as you alluded to, the big fight is coming up over the debt ceiling. we're reaching our limit for borrowing again....
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Jan 4, 2013
01/13
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. >> reporter: his first major vote will be friday when the house takes up part of the superstorm sandy relief package. danielle nottingham, cbs news, washington. >>> did you change something? >> drivers with one thing in common. how the dmv says they make our streets more deadly. >> is tuition going up all the time? why some california students might be able to pay a flat rate for a college degree. ,,,,,,,,,,,,,, driving. the research released todayy th shows men >>> here is something that may startle you. one in 24 drivers admits to nodding off while driving. the research released by the cdc shows men ages 25 to 34 are more likely to drive drowsy. doctors aren't surprised because they say people are not getting enough sleep. the government estimates that 3% of fatal crashes involving sleepy drivers. >>> one of the biggest risks on the roads comes from unlicensed drivers. a new study from the dmv found suspend and, revoked and unlicensed drivers are three times more likely to cause a deadly crash. just one example, an unlicensed driver killed a motorcycle rider in southern california s
. >> reporter: his first major vote will be friday when the house takes up part of the superstorm sandy relief package. danielle nottingham, cbs news, washington. >>> did you change something? >> drivers with one thing in common. how the dmv says they make our streets more deadly. >> is tuition going up all the time? why some california students might be able to pay a flat rate for a college degree. ,,,,,,,,,,,,,, driving. the research released todayy th shows men...